Coinbase Sponsors Trump Birthday, Military Parade Amid Protests

Coinbase Draws Criticism for Sponsoring Trump’s DC Birthday Parade Despite “No Politics” Policy

  • Protesters across the U.S. rallied against rising concerns of authoritarianism on June 14.
  • A large military parade and birthday event for Donald Trump took place in Washington, D.C. on the same day.
  • Coinbase sponsored the presidential birthday and military event in the nation’s capital.
  • Coinbase has previously stated its policies against engaging in non-mission-related political activities as a company.
  • The company’s involvement drew attention due to earlier internal policies restricting political debate and activism among employees.

On June 14, millions of Americans participated in “No Kings” demonstrations across the United States to oppose what they see as a move toward increased authoritarianism. On the same day, thousands attended a military parade and birthday event for former President Donald Trump in Washington, D.C.

- Advertisement -

The event celebrated both the U.S. military and Trump’s birthday, and received sponsorship from Coinbase. The U.S. military, highlighted during the event, has a history of refusing to recognize the jurisdiction of the International Criminal Court over certain actions, as documented by sources like the New Yorker.

Coinbase previously released a statement in its public manifesto outlining its “mission-focused” approach. In a company blog post, Coinbase clarified, “We don’t advocate for any particular causes or candidates internally that are unrelated to our mission, because it is a distraction from our mission.” The company further stated it does not engage in activism outside of its core financial system mission and aims to minimize unrelated political discussions within the workplace, saying internal debate about causes or political candidates not connected to work would not be permitted.

Critics highlighted the contrast between the company’s internal policies and its sponsorship of the event, which honored the military and a political figure. The event marked Trump’s birthday and featured references to his administration’s previous policies, including restricting some countries’ access to the SWIFT international banking system and allegations of extrajudicial actions during his term.

Additional details suggested that while Coinbase has drawn clear boundaries around workplace activism and politics inside the company, its external sponsorship of the military and political celebration appeared at odds with its stated corporate guidelines. The company has not issued further comment on the event or its sponsorship outside of its previously published manifesto.

For ongoing updates and secure tips, readers can use the links provided to the Protos X profile and other official outlets.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

Senators Target Crypto Bill Loopholes, Warn of President Abuse

Senators from both parties raised concerns about a proposed crypto market structure bill in...

GMX Exploited for $42M; Trading Halted as Investigation Ongoing

GMX, a decentralized crypto futures exchange, was hacked for $42 million. The attack targeted the...

Ripple Picks BNY Mellon to Custody RLUSD as Cap Hits $500 Million

Ripple has chosen Bank of New York Mellon (BNY Mellon) as the primary custodian...

Crypto Traders Mull Lawsuit After $242M Polymarket Suit Controversy

Crypto traders plan legal action against Polymarket over the resolution of a $242 million...

Remixpoint Raises $215M to Expand Bitcoin Treasury Holdings

Remixpoint raised $215 million in funding to grow its Bitcoin holdings. The company will use...

Must Read

17 Best Audiobooks On Blockchain Technology For Beginners

If you're looking to dive into the world of blockchain technology, you're in for a treat. The field is rapidly evolving and the potential...